Half of over-55s 'wish they saved more for retirement'

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Half of people over the age of 55 would advise their younger selves to save more for retirement, according to research.

This sentiment was strongest among respondents aged 65 to 74 who were involved in The Aviva Real Retirement Report Autumn 2013. Aviva at retirement business director Clive Bolton said: "Hindsight is a wonderful thing, so it is instructive to see the ways in which today's over-55s would reconsider some of the financial decisions they made earlier in their lives and how they would approach the challenge differently." Aviva head of policy John Lawson (pictured) believes auto-enrolment (AE) has challenged people's "behavioural attitude for inertia", with low opt-outs driven by employees' ...

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